As the American newspaper industry continues to feel the effects of decreased advertising and circulation, the Washington Post joins the movement of major newspapers in the U.S that are reducing editorial positions as it plans to cut 80 jobs, about 9 percent of its newsroom, over the next year, reports the New York Times.
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The licensing agreement between NASCAR and the city of Charlotte denies a corporate sponsor the ability to fund the new $107.5 million NASCAR Hall of Fame. Charlotte - which will build and pay for the hall going up in the city’s downtown by 2009 - will pay NASCAR for the rights to put its name on the door, hoping NASCAR’s historically loyal fans will boost city tourism, writes The Charlotte Observer.
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